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CoinbaseHack

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COINBASE HACKED BY A DATA BREACH, REFUSES TO PAY $20 MILLION RANDOM.😰 The Breach Affected Less Than 1% Of Monthly Transacting Users, According To The Company. #Coinbase Reported No Access To Passwords, Private Keys, Or Funds And Continues Cooperating With Law Enforcement On The Investigation. #Coinbase CEO “Brian Armstrong” Addressed The Incident Publicly, Saying, "We Are Not Going To Pay Your Ransom… Instead, We're Putting Out A $20 Million Award For Any Information Leading To The Arrest And Conviction Of These Attackers. #CoinbaseExchange. #coinbasehacked #coinbasehack $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $XRP {spot}(XRPUSDT)
COINBASE HACKED BY A DATA BREACH, REFUSES TO PAY $20 MILLION RANDOM.😰

The Breach Affected Less Than 1% Of Monthly Transacting Users, According To The Company.

#Coinbase Reported No Access To Passwords, Private Keys, Or Funds And Continues Cooperating With Law Enforcement On The Investigation.

#Coinbase CEO “Brian Armstrong” Addressed The Incident Publicly, Saying, "We Are Not Going To Pay Your Ransom… Instead, We're Putting Out A $20 Million Award For Any Information Leading To The Arrest And Conviction Of These Attackers.

#CoinbaseExchange. #coinbasehacked #coinbasehack

$BTC
$ETH
$XRP
🛡️ $400M COINBASE HACK TRACED TO INDIA-BASED EMPLOYEES 📸🇮🇳 Insider Breach Shakes Crypto Giant – Employees Caught Leaking Data via Phone Camera! Source: Coinbase Official 🔍 What Happened? Date of Breach: January 2025 Employees Involved: 2 outsourced staff from TaskUs (Indore, India) Method: One employee was caught using a personal smartphone to photograph sensitive Coinbase customer data Motivation: Employees were bribed by cybercriminals to leak customer info --- 💣 The Fallout: Over 226 employees removed from Coinbase-related tasks in Indore Breached data may include: 👤 Full names & email addresses 🏦 Partial account numbers 🔒 Masked Social Security details Estimated Financial Impact: 💸 Coinbase: $180M – $400M in potential losses (customer reimbursements, legal, and remediation costs) --- 🧑‍⚖️ Legal Consequences: Class-action lawsuit filed against TaskUs for data mishandling Coinbase swiftly terminated all involved employees and overseas agents New internal policies were enforced to avoid future leaks --- 🔐 Industry Takeaway: > “This breach is a wake-up call for all crypto companies relying on third-party vendors for sensitive data handling.” – Security Analyst 📉 Emphasizes outsourcing risks 🚨 Demands stronger cybersecurity protocols 🛑 Need for zero-tolerance policies against insider threats --- 📊 Coinbase (COIN) Stock Snapshot: 💹 Current Price: $259.39 (+1.32%) 📈 Intraday High: $265.51 📉 Low: $253.25 📦 Volume: 5.2M shares 🕓 Updated as of June 5, 2025 – 16:29 UTC --- 📎 Sources: Reuters Report Times of India Coverage --- 🔔 Stay Secure. Stay Informed. #CoinbaseHack #CryptoSecurity #InsiderThreat #BlockchainNews #BinanceAlphaAlert
🛡️ $400M COINBASE HACK TRACED TO INDIA-BASED EMPLOYEES 📸🇮🇳

Insider Breach Shakes Crypto Giant – Employees Caught Leaking Data via Phone Camera!

Source: Coinbase Official

🔍 What Happened?

Date of Breach: January 2025

Employees Involved: 2 outsourced staff from TaskUs (Indore, India)

Method: One employee was caught using a personal smartphone to photograph sensitive Coinbase customer data

Motivation: Employees were bribed by cybercriminals to leak customer info

---

💣 The Fallout:

Over 226 employees removed from Coinbase-related tasks in Indore

Breached data may include:

👤 Full names & email addresses

🏦 Partial account numbers

🔒 Masked Social Security details

Estimated Financial Impact:

💸 Coinbase: $180M – $400M in potential losses (customer reimbursements, legal, and remediation costs)

---

🧑‍⚖️ Legal Consequences:

Class-action lawsuit filed against TaskUs for data mishandling

Coinbase swiftly terminated all involved employees and overseas agents

New internal policies were enforced to avoid future leaks

---

🔐 Industry Takeaway:

> “This breach is a wake-up call for all crypto companies relying on third-party vendors for sensitive data handling.” – Security Analyst

📉 Emphasizes outsourcing risks

🚨 Demands stronger cybersecurity protocols

🛑 Need for zero-tolerance policies against insider threats

---

📊 Coinbase (COIN) Stock Snapshot:

💹 Current Price: $259.39 (+1.32%)

📈 Intraday High: $265.51

📉 Low: $253.25

📦 Volume: 5.2M shares

🕓 Updated as of June 5, 2025 – 16:29 UTC

---

📎 Sources:

Reuters Report

Times of India Coverage

---

🔔 Stay Secure. Stay Informed.

#CoinbaseHack #CryptoSecurity #InsiderThreat #BlockchainNews #BinanceAlphaAlert
Top crypto news for May 8 — The Fed holds rates, Arizona locks in Bitcoin reserves, Texas could be next, $45M stolen from Coinbase users, and Web3 wallets just got a major security upgrade. Fed interest rate crypto impact, Arizona Bitcoin reserve law, Texas Bitcoin bill, Coinbase phishing SIM-swap hack, Safeheron Intel SGX integration, crypto security, May 8 crypto headlines #CryptoNews #Bitcoin #CoinbaseHack #ArizonaCrypto #TexasBitcoin #FedRates #Web3Security #IntelSGX #Safeheron #CryptoUpdate #May2025
Top crypto news for May 8 — The Fed holds rates, Arizona locks in Bitcoin reserves, Texas could be next, $45M stolen from Coinbase users, and Web3 wallets just got a major security upgrade.

Fed interest rate crypto impact, Arizona Bitcoin reserve law, Texas Bitcoin bill, Coinbase phishing SIM-swap hack, Safeheron Intel SGX integration, crypto security, May 8 crypto headlines

#CryptoNews #Bitcoin #CoinbaseHack #ArizonaCrypto #TexasBitcoin #FedRates #Web3Security #IntelSGX #Safeheron #CryptoUpdate #May2025
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